Pass-Throughs Finish Strong
Compared With Treasurys

Updated Oct. 25, 1996 12:01 a.m. ET

NEW YORK -- Mortgage-backed securities closed stronger than their Treasury counterparts in light trading Thursday.

Despite selling in excess of $200 million by various types of accounts taking off their overweight in mortgages to buy Treasurys, traders said, prices were firm on the back of intermittent mortgage-backed buying by other accounts.